S2k sellers don't check blue book?

[FogCityNSX]

Is it just me, or do s2k owners trying to sell their cars just completely ignore blue book?

I've seen some of these 2000,2001 models with clean and salvage titles with "firm" pricing ranging from 9500-11,000+. These cars book at a max of 9k in excellent shape!

Its ridiculous because NONE of these cars are in perfect shape. Some need a new tranny, some have a busted door lock, salvage titles, worn out roofs, 100k+ miles.

 

[fullracehonda]

10k seems to be a pretty decent price for a ap1 with 100k miles, clean title, clean with just normal wear but a good condition car.

14k for the car i just described is obviously too much! or a beat down salvage one like i described for 10k is too much! most are priced reasonably

i sold my theft recovery ss ap2 with 40k miles, very clean except for a front fender was fudged up from the tire rubbing, and there was a small slit in the top from a vandal/failed theft attempt, it also had a new oem lip/sides and i sold it for 10.5 to a freind, havent seen a deal nearly as good since

 

[NSXLVR]

A lot of people completely ignore blue book. The only price that will matter is what the buyer is willing to spend

and any nsx owner will tell you, a few years ago, they had the early nsxs worth 15K....

HA

 

[JonBoy]

For starters, clean examples are getting more rare each day. Secondly, they're out of production, so you can't exactly go buy a new one. Third, there are plenty of cars that ignore blue book completely: NSX, anyone?

Sure, there are always people that overvalue their car but I think you're leaning on KBB a little too much here. Look at the MARKET, not KBB, and figure out what a fair (normal) price is.

 

[Aaron94T]

I have sold a fair amount of sports cars and with every one I get the "blue book guy" trying to tell me my car is worth less than I have it up for. I laugh directly in their face as they obviously are not up on the market price. You listen to KBB with sedan's not fun cars that are sold on emotions.

 

[bambbrose]

I just purchased an 05 AP2 for $9100 at a credit union repo, so deals can be had on either end of the spectrum.

Granted it has 85k miles and needs a top, but for the price and condition I can not complain.

I test drove many early AP1 and most are in poor condition priced at ~$9k - $10k. The clean early ones are holding around $12 - $13k still IMO around here.

 

[JD-GT-350]

WELL, I currently have for sale a '01 S2000 @ $17,000.00. But it is "WILL SELL". I buy at "MUST SELL". But you see 13k miles, perfect 2 owner car fax, never smoked in, no mods from factory original, even has original tires. The S-2000 is so undervalued! You see KBB is for the insurance companies to steal your car when you have under insured it. JD

 

[mickeylex]

Blue book isn't a bad starting point, but you have to really look at the market. For example, I'm selling my original owner Integra GS-R and got the guy quoting blue book to me the other day. Yeah, like he really thought I would sell my original ower, 68k mile, 1998 original Integra GS-R to him for $5,500.

 

[enigma]

I've always been of the thought that KBB is a bit of a joke when it comes to ANY sports car/enthusiast car. As many of said, you need to be looking at the actual MARKET for the car, not what some "estimation" website says.

 

[91 X]

I've always been of the thought that KBB is a bit of a joke when it comes to ANY sports car/enthusiast car. As many of said, you need to be looking at the actual MARKET for the car, not what some "estimation" website says.

+1

a few years ago 91-93 NSX's were going from $28-35K and KBB had them at @ $20-24K

 

[mknmoves]

When buying a car:

Their response:Well Kelley Blue Book says x
My response: Is Kelley going to buy the car?
Their response: Huh?
My response: If you think your car is worth more than my offer, maybe you should sell it to this Kelley person.


<<<<<<<<<<<<<<<<<<<<>>>>>>>>>>>>

When selling a car:

Their response: Kelley Blue Book says your car is worth x
My response: WOW! I can't sell my car for that, maybe you should buy your car from Kelley, it seems like he sells cars cheap!


:biggrin:

 

[LoveNSXs]

this one reminded me of this thread.


http://www.vadriven.com/forums/showthread.php?t=355424


not saying it is, but I feel like it's overpriced, even with the mods.

 

[Aaron94T]

this one reminded me of this thread.


http://www.vadriven.com/forums/showthread.php?t=355424


not saying it is, but I feel like it's overpriced, even with the mods.

Nice looking car. I like how it is not his daily driver and he only drives it on weekends to the tune of 123k miles. I would hate to see the mileage on his daily. :tongue:

 

[warrenw]

I beleive Blue book is whole sale trade pricing. (your trade-in value on a new car)

Honda isn't making S2000s anymore. They are all out there, no more new ones available. That should add some value. A clean stock car should get much more than blue book. Not sure about the cars you are looking at.

 

[jaybird]

Think the topic of what a car is worth relative to the book values has been pretty much worked over. Guess the "book" is a starting place or guide - but ultimately it is what the market will bear.

I found my S2000 a year ago - an 04 with 7k miles and the original owner. They asked $17,500 for her, and I was happy to give them every penny. Completely original and like off the showroom floor.

Like the NSX, they don't make them anymore, and more and more of the existing ones are modded and getting high mileage on them - one would suspect that makes nice, low mileage and original models more desirable. Jay

 

[EuroBoutique]

Let me first say, I've seen people pay $30k at Barrett Auctions for a golf cart ~ so people will PAY what you ask if you have something special and unique.

Having said that, s2000's in general seem to have a set "bottom" price in the 10k range. No matter how beat up or high mileage the car is, it seems to hit that min. price for most sellers. Whether they will get their asking price only depends on how patient they are and how good they are at advertising. You can pretty much sell anything on the net these days :biggrin:

I've owned x4 s2000's now and I can tell you I sold each one WAY WAY over KBB and sometimes more than I paid for it because I did unique modifications that are high demand and worth $$$$. Would everyone pay my asking price, probably not but each of my cars have sold at my asking price.

For my recent 09 GPW s2000, some people thought it was nuts for me to pay over $30k for it but I find it well worth it. Last year production of 09's are rare to begin with and finding a GPW is even harder so I had no trouble paying it. Keep in mind the market price of s2000 CR's are around $27k or less but I really wanted a GPW with a soft top.

If the stats on the s2k wiki page are correct, there were only 2642 MY09 models made world-wide with 795 shipped to the US

http://en.wikipedia.org/wiki/Honda_S2000

Rarity will always come at a price :wink:


Another s2ki member stated "Those are actually sales numbers, i.e. new registrations by calendar year, regardless of the actual "model year" of the cars sold. "

However, S2Ki member patinum did some terrific research and found that the number of true "Model Year" '09s in the U.S. is actually even lower: just 355 cars!! That includes 31 CRs, of which only one (a Grand Prix White) was a "delete" model (no A/C or audio)! Here's the thread:

http://www.s2ki.com/forums/index.php?showtopic=729838

Those numbers almost rival the 04/05 GPW NSX's in terms of what is sold!

 

[VegasSpeed]

well, with any car it is all based on what people are willing to pay. if someone is willing to pay the price he is asking than the car is worth that much. The NSX is just that car that is hard to price when selling it.